Bank of America Announces Redemptions of $500,000,000 Floating Rate Senior Notes and $3,000,000,000 3.384% Fixed/Floating Rate Senior Notes, Due April 2026

Bank of America Announces Redemptions of $500,000,000 Floating Rate Senior Notes and $3,000,000,000 3.384% Fixed/Floating Rate Senior Notes, Due April 2026 Bank of America Corporation announced today that it will redeem on April 2, 2025 all $500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due April 2026 (CUSIP No. 06051GKN8) (the “Floating Rate [...]

Wendy Dwyer2025-03-28T15:07:37-04:00Mar. 28, 2025|

BofA Community Development Banking Delivers $7.8 Billion in Financing, Creating 12,600 Housing Units

BofA Community Development Banking delivers $7.8 Billion in financing, creating 12,600 housing units Bank of America Community Development Banking provided $7.8 billion in debt and equity financing last year to help create and preserve 12,600 housing units for individuals, families, seniors, veterans, the formerly homeless and those with special needs. Bank of America helps [...]

Wendy Dwyer2025-03-13T13:04:38-04:00Mar. 13, 2025|

Merrill launches Ultra-High-Net-Worth Advisory Group

Merrill launches Ultra-High-Net-Worth Advisory Group Merrill Wealth Management announced the launch of its Ultra-High-Net-Worth (UHNW) Advisory Group, a team of more than 25 Merrill specialists who will partner with advisors to deliver comprehensive wealth and investment solutions to UHNW clients and connect them to Bank of America’s breadth of capabilities. This Group will help advisors [...]

Wendy Dwyer2025-01-17T08:10:06-05:00Jan. 17, 2025|

Renters on the Treasure Coast worry that renting will hurt them in the long-term

Renters on the Treasure Coast worry that renting will hurt them in the long-term Knowing when and how to buy a home in the current market can feel like an insurmountable challenge. Between a new report that found renting is cheaper than buying a home in the 50 largest metros and the long-held belief that [...]

Wendy Dwyer2024-11-07T06:54:07-05:00Nov. 7, 2024|

Study: Nearly 80% of U.S. business owners anticipate revenue growth in the coming year

Study: Nearly 80% of U.S. business owners anticipate revenue growth in the coming year Nearly four out of five (78%) small and mid-sized business owners anticipate revenue growth in the next 12 months. This level of confidence spans most business owners, with 76% of women, 82% of Hispanic-Latino, 84% of Black/African American and 83% of [...]

Wendy Dwyer2024-10-24T16:05:47-04:00Oct. 24, 2024|

From piggy bank to family banking: BofA launches new solution to help parents raise financially savvy kids

From piggy bank to family banking: BofA launches new solution to help parents raise financially savvy kids Only 47% of college students feel financially prepared for the “real world” Bank of America recently announced a new solution to help parents support their children as they begin their financial journeys. SafeBalance Banking® for Family Banking is a bank [...]

Wendy Dwyer2024-10-11T18:59:36-04:00Oct. 11, 2024|

BofA to open more than 165 financial centers by end of 2026

BofA to open more than 165 financial centers by end of 2026 Over the last 10 years, Bank of America has been expanding its financial center network, opening locations nationwide in new and existing markets. The bank is on track to open more than 165 new centers across 63 markets by the end of 2026, [...]

Wendy Dwyer2024-09-26T02:19:54-04:00Sep. 26, 2024|

BofA raises minimum hourly wage to $24, increasing starting salary to nearly $50K

BofA raises minimum hourly wage to $24, increasing starting salary to nearly $50K Bank of America announced that it has raised its U.S. minimum hourly wage to $24 per hour, the latest step in the company’s commitment to $25 by 2025. With the increase, the minimum annualized salary for full-time employees in the U.S. will [...]

Wendy Dwyer2024-09-12T08:10:09-04:00Sep. 12, 2024|

Nasdaq Private Market adds Bank of America to Consortium of Investors

Nasdaq Private Market adds Bank of America to Consortium of Investors Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, announced today that it has added Bank of America as an investor. NPM’s existing investor consortium of premier global financial institutions has helped drive the company’s success [...]

Wendy Dwyer2024-08-23T05:51:09-04:00Aug. 23, 2024|

By 2060, less than 60% of non-Hispanic white population and about 65% of non-Hispanic multiracial population will be working age

By 2060, less than 60% of non-Hispanic white population and about 65% of non-Hispanic multiracial population will be working age The nation as a whole is getting older, but not all race and Hispanic origin groups are aging at the same pace, a pattern that promises to alter the makeup of the U.S. working-age population [...]

Wendy Dwyer2024-08-15T20:08:10-04:00Aug. 15, 2024|